Real Estate Management and Valuation in Afghanistan: Challenges and Opportunities

Abstract

This study specifically addresses the stagnation of the Afghan real estate sector due to the ongoing instability in legal, economic, and socio-political factors, which have obstructed sustainable development. Using a mixedmethods approach, the research combines a comprehensive literature review with primary data from interviews and surveys conducted with key stakeholders. The findings reveal substantial obstacles, including an inconsistent legal framework, pervasive security issues, and economic volatility, all of which hinder the sector's growth. However, opportunities for development are identified in urbanization trends, large-scale infrastructure projects, and potential legal reforms. The study concludes that addressing these challenges through targeted strategies— such as legal reforms, enhanced security measures, and economic stabilization efforts—could unlock the sector's potential, thereby contributing to Afghanistan's broader economic development and stability